it will pop, it's just a matter of time. but this time is different. no china fake vols to crash price hard, and no really bad news, after the chinese eschanges closed, and the BU circus. so, it will be a technical dump, followed by a flag for consolidation.
keep the finger on BTFD mode!! :D
keep the finger on BTFD mode!! :D
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so glad i got this one wrong.
the only "dump" happened at 2600, and it was not even a crash, just a correction.
let me be specific: in a crash, you ram against the wall, get crashed, and stay there (usually dead). the dump at 2600, altough big in value, was not impressive, both in the volume and in the time of recover.
hence, just a correction, a reload for new highs.
now, this is a case of BTFD if i ever saw one :)
the only "dump" happened at 2600, and it was not even a crash, just a correction.
let me be specific: in a crash, you ram against the wall, get crashed, and stay there (usually dead). the dump at 2600, altough big in value, was not impressive, both in the volume and in the time of recover.
hence, just a correction, a reload for new highs.
now, this is a case of BTFD if i ever saw one :)
the higher they rise, the harder they fall... ;)
targets for the dump:
- 1700
- 1100
- 850